What is the currency used in Madeira?

Madeira's national currency is Euro (EUR), which comes in denominations of 5€, 10€, 20€, 50€, 100€, 200€ and 500€ notes. Coins come in 1, 2,5, 10, 20 and 50 cent and one and two euros denominations. Banks are open from 8:30 am to 15:00 pm, Monday to Friday.



People Also Ask

Madeira uses the Euro, though major credit cards will work and ATMs are widely available.

MORE DETAILS

Most places in Madeira do take cards, but you'll need some cash for buses, and I've heard that some of the cable cars only take cash too (the cable car from the promenade in Funchal does take cards). The small shops and cafes I visited all took cards but it's best to have some money just in case.

MORE DETAILS

Unfortunately, the island's location and popularity as a dream holiday destination do mean you will be looking at a more expensive trip than you could have elsewhere in Portugal. We recommend reserving around 82 Euros ($90) per day for your trip to Madeira.

MORE DETAILS

The average standard of living tends to be a bit lower than in mainland Portugal, and the local autonomous government gives generous subsidies coming from the tourist industry revenues and from the Portuguese national budget. Go where the locals go and everything will be cheap.

MORE DETAILS

Madeira in general isn't an expensive place to live. Housing, transport, and food are quite affordable for expats staying in Madeira longer term.

MORE DETAILS

It's not expensive to eat out in Madeira unless you go to gourmet or Michelin-starred restaurant. You'll find bars by the road, in small villages and even the capital that have very reasonable menus of the day. Start your meal with a soup if you're trying to save the pennies.

MORE DETAILS

Well, you don't have to, and most certainly no one will give you a hard time if you choose not to tip. Tipping is not mandatory, and you should only do so if you feel comfortable about it and if you want to reward truly exceptional service. Tipping for great service is very much appreciated.

MORE DETAILS

Our prices do not include a tip. In Madeira Island tips are not compulsory. As is standard across the globe if you feel your driver has been friendly and courteous, then a small tip is the norm.

MORE DETAILS

You will need a valid passport or national identity card during your stay in Madeira. Although not mandatory, possessing a European Health Insurance Card (EHIC) or equivalent health insurance coverage is recommended.

MORE DETAILS

Card payments are accepted in most establishments.

MORE DETAILS

Violent crime involving tourists is extremely rare in Madeira and so you have little to worry about with regard to personal safety. But as with any travel destination, it's important to take basic travel safety precautions such as keeping your valuables close by and/or hidden, especially at night.

MORE DETAILS

You can easily pay €40 a head in Madeira. There are several fine dining restaurants where you can pay much more than that but you can have an evening meal in many (or perhaps even most) restaurants (with wine) typically for no more than €20 to €30 a head.

MORE DETAILS

Funchal is the most expensive place to buy property on the islands – given its higher demand and abundance of services.

MORE DETAILS

Amazing and stable weather denotes April through November as the best time to visit Madeira. April to mid-June is known for price cuts and moderate crowds. This period can offer you unforgettable hiking among lush green vegetation, and you can join famous Madeira Flower Festival.

MORE DETAILS

One of the greatest aspects of life in Madeira are its coastal villages. And Ponta do Sol is arguably the most beautiful.

MORE DETAILS

Find the best deals Airfare to Madeira Island (FNC) varies throughout the year based on seasonal demand. You'll see the lowest rates for roundtrips to FNC in December and in December for one-ways.

MORE DETAILS

If you don't already know, Funchal is the capital city of a magical Portuguese island archipelago in the middle of the Atlantic known as Madeira.

MORE DETAILS

Madeira Islands, Portuguese Arquipélago da Madeira, archipelago of volcanic origin in the North Atlantic Ocean, belonging to Portugal. It comprises two inhabited islands, Madeira and Porto Santo, and two uninhabited groups, the Desertas and the Selvagens.

MORE DETAILS